Spanish Company Announced Bitcoin ATM at the Cost of Around 800 Euro

30.07.2015

This statement was made by PayMaQ. The company has launched a series of inexpensive Bitcoin-ATMs targeted at small and medium businesses (Auto service stations, café, shops, etc.) The cost of the new device is less than 800 euro including shipping. It is much cheaper than ATM from Lamassu (5,000 USD) or Robocoin (20,000 USD).
   Company’s management notes usability of the device. It is targeted at people who have heard about Bitcoins and would like to learn more about it, as well as business owners, who would like to popularize cryptocurrencies. If you need to exchange your cryptocurrencies on the Internet, you can purchase Bitcoin on the website https://xchange.cc. Using Bitcoin-ATMs is more profitable than traditional payment cards because there is no commission, which is typically around 1-3%. Thus, purchases through Bitcoin-ATMs are more profitable for customers; therefore, facilities with bitcoin-ATMs attract more clients. This is profitable for business-owners. Funds for Bitcoin-ATM development were collected via crowd-funding portal IndiGoGo. The machine itself is rather compact-sized: 25х31х25 cm; it should be attached well to the floor not to let frauds carry off the device together with its contents. The ATM is equipped with a display 7.5 inches, QR-code capture camera and a bill acceptor. The device is offered in two colors: white and black. With 799 euro you may buy a model with included commission of the manufacturer – 0.7% from the transaction amount. The ATM model without built-in commission costs 1,299 euro.


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